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Axios
17-04-2025
- Business
- Axios
To speed up Capital Blvd. expansion, the Triangle could add tolls
The Raleigh City Council appears ready to support using toll lanes to speed up the expansion of Capital Boulevard into a six-lane highway between Raleigh and Wake Forest. Why it matters: The section of Capital Boulevard, also known as U.S. 1, is among the region's most congested roadways, with an increasing number of commuters from fast-growing Wake Forest and Franklin County using it to get to and from Raleigh for work and shopping. But the long-planned widening of the roadway has been stalled several times, and it faces further delays due to competition from other projects and rising costs, according to the state Department of Transportation. Driving the news: The ultimate decision will be in the hands of the Capital Area Metropolitan Planning Organization (CAMPO) — the regional planning organization for Chatham, Franklin, Granville, Harnett, Johnston and Wake counties — which plans to vote on the matter in May. The Raleigh City Council, which was given a presentation this week on the potential of toll roads, indicated it would write a letter in support of the move. "The sense is, pragmatically, that this project will never get built unless there is some sort of toll," Raleigh Mayor Janet Cowell said at Raleigh's Tuesday council meeting, "and if there is a toll it would be best to do the whole road and not just express lanes." Zoom in: The N.C. Turnpike Authority has studied a 10-mile section of Capital Boulevard, stretching from Interstate 540 to Purnell Road at the Wake-Franklin county line. Currently, the project is not expected to begin until 2031 — though that timeline could be delayed. If it's transformed into a toll road, construction could begin as early as 2027. It is anticipated to be a six-year construction project, and only local governments can request a toll road. The N.C. Turnpike Authority has presented four options to CAMPO: Toll the entire 10-mile section, which would raise around $800 million and begin construction in spring 2027. Toll the entire section but add it to the Triangle Expressway system, raising $1.4 billion and beginning construction in spring 2027. Toll one express lane, which would raise $100 million and begin construction in fall 2030. Toll one express lane but add it to the Triangle Expressway system, raising $600 million and beginning construction in fall 2027. Options 1, 2 and 4 would require some legislative action from the N.C. General Assembly. What they're saying: Raleigh City Council Member Megan Patton said many residents in north Raleigh are worried they will lose crossing access to Capital Boulevard and be forced to use the toll road. She said many of her constituents would prefer that this project not happen at all. "I think everyone would probably agree, if we can get something not tolled, we would take it," Chris Lukasina, executive director of CAMPO, responded. "The real issue came in that this is the fifth delay [for this project already]. .... Do we want to wait two more years for what is likely another delay to the project?"
Yahoo
02-04-2025
- Business
- Yahoo
City leaders mull next steps for Lenovo Center entertainment district. What they decided
Raleigh leaders are generally in favor of a new sports and entertainment district in the western part of the city, but they say there's still work to be done on the proposal. The Carolina Hurricanes and its development partners want to rezone nearly 81 acres surrounding the Lenovo Center to create a 'Raleigh Sports and Entertainment District.' The city's tallest buildings — up to 40 stories — would be allowed on the property if the rezoning is approved. Plans also call for housing, a hotel and a 4,000-seat concert venue. The Raleigh City Council listened to residents, primarily concerned with traffic, Tuesday night during a public hearing but did not take action on the rezoning. Council members decided to keep the public hearing open to give the applicant more time to add restrictions, called conditions, to the rezoning request. 'This development has an opportunity to be a real gemstone of the city,' said Council member Megan Patton. 'Also, if we don't do it correctly, we will just solidify it as a car-only destination.' City leaders asked the applicants to consider more conditions to address pedestrian safety and how best to keep in touch with neighborhoods and community groups as work continues on this project. Construction on the $1 billion development could begin later this year, if the rezoning is approved. It would likely be 10 to 15 years for the project to be built. Eight people were signed up to speak in favor of the rezoning, nearly all representing the applicants. This area is a 'city growth center,' said Jamie Schwedler, an attorney for the developers. 'This is where you all already elected to see the growth and investment in our community,' she said. 'There's plenty of policies talking about the economic driver for this area and where you want to see infill development. To match that we brought forth (this rezoning).' Five people signed up to speak against the rezoning, including students from Cardinal Gibbons High School, a private Catholic school across from the Lenovo Center on Edwards Mill Road. Many other students filled the city council chamber wearing Cardinal Gibbons gear. Students don't have many places that are safe to walk to before and after school, said Lola Holderness, a student at Cardinal Gibbons. 'This development could change that in a great way,' she said. 'In order for that vision to really work, we need to make sure it's accessible and, more importantly, safe. Even now, (going from) Gibbons to the current Lenovo Center area is not easy. Edwards Mill Road is fast, busy and not built for pedestrians, and once the new development is built, it will attract even more traffic.' Laura Ford, a nearby resident representing the Alliance For Reedy Creek Trenton Corridor, said the group isn't against new development but there are concerns about potential traffic increases. 'I personally have had to wait hours to get to my house,' she said. 'We have two ways into our neighborhood and we are very concerned about emergency access in our neighborhoods. They are directly impacted by the Lenovo Center growth.' The plans also call for a restaurants and retail space surrounding the renovated Lenovo Center and 11 acres of open space. There will be some affordable housing in the project as well. The development agreement requires 10% of the homes be at least 80% of the area median income. The proposal divides the property into four subdistricts: ▪ District A, 20 acres containing the arena and nearby parking, would not change in the near future but would allow up to 40-story buildings 'for future development should the Arena ever be redeveloped or relocated in a significant manner,' according to the plan. ▪ District B, the entertainment district wrapped around the arena near Stephen Stroud Way, could have up to 800 residential units and 890,000 square feet of non-residential space. The plans call this 24 acres the 'heart' of the sports and entertainment activities and would be an 'important connection' between the Lenovo Center and nearby Carter-Finley Stadium, which is not part of this rezoning. This section would be the only district zoned for up to 15 stories. There would be at three parking decks in this area. ▪ District C, the mixed-used district includes 15 acres, is closest to Edwards Mill Road and would have a smattering of retail, residential and restaurants with 'heights ranging up to 40 stories to accommodate a healthy mix of uses.' ▪ District D, the live/work district closest to the intersection of Wade Avenue and Edwards Mill Road, would have the highest concentration of offices and residential units. The 10-acre area, close to the interstate, would 'provide ideal visibility for a regional office campus.' This section would also allow buildings up to 40 stories tall. At least one parking deck would be included in this district. This deal was worked out with the Hurricanes to extend the team's lease at the Lenovo Center through 2044. The extension gave team owner Tom Dundon the right to develop the nearly 81 acres of state-owned land around the stadium. The case will be back before the Raleigh City Council at the 1 p.m. April 15 meeting.